Sturgis Bank & Trust Company
Sturgis Bank & Trust Company received 875 applications in 2025 and made 735 mortgages, in 39 counties across 2 states. The median rate its borrowers got was 6.850% on a median loan of $155,000. Of 863 decisions, 29 were denials — 3.4%, most often for credit history.
| Legal Entity Identifier | 5493001ZYMBN3CK8LJ82 |
|---|---|
| Applications received | 875 |
| Mortgages made | 735 |
| Denied | 29 |
| Approved, not taken up | 99 |
| Withdrawn or incomplete | 12 |
| Loans bought from other lenders | 7 |
| Median rate spread over the prime offer rate | 0.169 points |
| FDIC-insured bank | Yes: Sturgis Bank & Trust Company, 17 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 310 | 6.625% | $225,000 | 3.2% |
| Refinancing | 37 | 6.750% | $165,000 | 2.1% |
| Cash-out refinancing | 137 | 6.850% | $115,000 | 4.7% |
| Other purposes | 251 | 7.350% | $65,000 | 2.9% |
Where Sturgis Bank & Trust Company lends most
The 39 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| St. Joseph County, MI | 235 | 7.000% | 4.4% |
| Berrien County, MI | 107 | 6.875% | 3.9% |
| Van Buren County, MI | 72 | 7.000% | 4.9% |
| Branch County, MI | 67 | 6.875% | 1.3% |
| Calhoun County, MI | 61 | 6.625% | 0.0% |
| Kalamazoo County, MI | 59 | 6.625% | 2.9% |
| Cass County, MI | 20 | 6.625% | 12.5% |
| Elkhart County, IN | 18 | 6.625% | 0.0% |
| Allegan County, MI | 17 | 6.750% | 0.0% |
| Barry County, MI | 13 | 6.750% | 0.0% |
| LaGrange County, IN | 11 | 7.125% | 7.1% |
| Ottawa County, MI | 10 | 6.625% | 0.0% |
| St. Joseph County, IN | 6 | Under 10 loans | 0.0% |
| Kent County, MI | 6 | Under 10 loans | 0.0% |
| Hillsdale County, MI | 5 | Under 10 loans | 0.0% |
| Steuben County, IN | 4 | Under 10 loans | 0.0% |
| Eaton County, MI | 3 | Under 10 loans | 0.0% |
| Jackson County, MI | 3 | Under 10 loans | 0.0% |
| Ionia County, MI | 2 | Under 10 loans | 0.0% |
| Lenawee County, MI | 2 | Under 10 loans | 0.0% |
| Oakland County, MI | 2 | Under 10 loans | 0.0% |
| Boone County, IN | 1 | Under 10 loans | 0.0% |
| Howard County, IN | 1 | Under 10 loans | 0.0% |
| Charlevoix County, MI | 1 | Under 10 loans | 0.0% |
| Clare County, MI | 1 | Under 10 loans | 0.0% |
| Emmet County, MI | 1 | Under 10 loans | 0.0% |
| Ingham County, MI | 1 | Under 10 loans | 0.0% |
| Isabella County, MI | 1 | Under 10 loans | 0.0% |
| Marquette County, MI | 1 | Under 10 loans | 0.0% |
| Missaukee County, MI | 1 | Under 10 loans | 0.0% |
| Montmorency County, MI | 1 | Under 10 loans | 0.0% |
| Oceana County, MI | 1 | Under 10 loans | 0.0% |
| Otsego County, MI | 1 | Under 10 loans | 0.0% |
| Lake County, MI | 0 | Under 10 loans | 0.0% |
| Manistee County, MI | 0 | Under 10 loans | 0.0% |
| Mason County, MI | 0 | Under 10 loans | 50.0% |
| Mecosta County, MI | 0 | Under 10 loans | 0.0% |
| Newaygo County, MI | 0 | Under 10 loans | 0.0% |
| Roscommon County, MI | 0 | Under 10 loans | 0.0% |
Get told when this changes
When Sturgis Bank & Trust Company’s figures are published for the next year, or restated.
Double opt-in, one click to unsubscribe. We never sell or share the list, and we are not a lender, a broker or a lead generator: this is a notification about published data, not a sales call. Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.